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From the monthly archives: October 2009

We are pleased to present below all posts archived in 'October 2009'. If you still can't find what you are looking for, try using the search box.

Certified Business Brokers (CBB) Facilitates the Sale of Houston Balloons and Promotions

Certified Business Brokers handled the transition of ownership of Houston Balloons and Promotions to an experienced businessman and Houston resident, Mr. David Key. (Marketwire Press Release) -- Houston Balloons and Promotions was established over 11 years ago and was founded, owned and operated by Mr. Jim Purtee. The business offers the rental of large inflatable balloon characters as an advertising medium, mostly seen on rooftops of buildings, to local Houston businesses. It is one of the largest inflatables companies along the Gulf Coast today. Customer service has been the firm's mantra and has propelled it to its current top standing in its industry. "Though many small businesses can’t afford radio, billboard, or TV advertising, they can afford to rent an inflatable for four weeks or more for prices starting at $1200," said Purtee. "It could be Sunday evening at 7 o’clock, if one of our customers call with a problem, we solve it." Mr. Purtee engaged Certified Business Brokers to fi ...

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Should You Sell Your Company?

The pundits would have you believe deal making has all but dried up in this dismal, credit-starved economy. Take a closer look, though, at the market for smaller companies and the picture isn't so dire. According to Thomson Reuters, the dollar value all of mergers and acquisitions in the U.S. totaled $1.1 trillion through Nov. 30, 2008--a painful 30% drop from the same period just a year earlier. Yet while overall volume is down, the number transactions worth $100 million and below have held up. The Deal Pipeline estimates that the number of deals in that range during the first three quarters of 2008 increased by 15% over the same period in 2007. And valuations, while down slightly, have held up reasonably well relative to transactions involving larger firms. Reason for this resilience: Smaller companies still fuel the growth of larger acquirers. Moreover, many of those smaller firms are privately held--meaning that there's less pressure to choke down a modest valuation to appease antsy shareholders. ...

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Houston Ranks #4 Best Place to Start a Business

Houston has received several noteworthy accolades this month. Houston may have a bad reputation for hot, humid weather and nasty traffic, but according to Fortune Small Business magazine, it’s a pretty good place to start a company. Fortune ranked Houston the fourth best place among large metropolitan areas in the U.S. to launch a business. In addition to jobs, the city’s ability to weather the recession was noted as a reason for the pick. Houston also ranks near the top in city income growth, as No. 5 in the nation. Houston’s success with job growth over the past 25 years has placed the city among the top markets in the country for elevated income levels, according to a new research study. Bizjournals, an affiliate of the Houston Business Journal, combed through 25 years of federal income data to find the nation’s 100 biggest metropolitan areas, covering the span from 1983 through 2008. The study focused on per capita income, a key indicator of earning power and econo ...

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Private Equity Groups

Over the past 20 years, private-equity groups (PEGs) have become key players in business acquisitions. PEGs offer flexibility as a liquidity source, giving entrepreneurs the ability to take some cash off the table, recapitalize their company or simply sell and move on. Private equity refers to buyout groups that seek to acquire ongoing, profitable businesses that demonstrate growth potential. The private equity market had traditiaionlly been restricted to acquing larger companies. But increased competition for those larger operations, greater growth potential for smaller firms and an easier path to exiting the investment in the future have played a role in attracting PEGs to smaller companies. PEGs are typically organized as limited partnerships controlled and managed by the private equity firm that acts as the general partner. The fund invests in privately held companies to generate above market financial returns for investors. The strategy and focus of these groups varies widely with differe ...

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